Aptiv (NYSE:APTV) Given “Neutral” Rating at UBS Group

Aptiv (NYSE:APTV)‘s stock had its “neutral” rating reaffirmed by stock analysts at UBS Group in a research report issued to clients and investors on Thursday,Benzinga reports. They currently have a $58.00 price target on the auto parts company’s stock, down from their prior price target of $91.00. UBS Group’s price objective indicates a potential upside of 6.60% from the stock’s previous close.

A number of other research firms have also recently commented on APTV. Barclays increased their target price on shares of Aptiv from $75.00 to $80.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. HSBC upgraded shares of Aptiv from a “hold” rating to a “buy” rating and raised their target price for the company from $63.00 to $77.00 in a research report on Tuesday, February 4th. StockNews.com initiated coverage on shares of Aptiv in a report on Friday, April 4th. They set a “hold” rating for the company. Hsbc Global Res upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. Finally, Oppenheimer increased their target price on Aptiv from $83.00 to $85.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $84.78.

Aptiv Trading Up 10.2 %

Shares of Aptiv stock opened at $54.41 on Thursday. The company has a quick ratio of 1.07, a current ratio of 1.53 and a debt-to-equity ratio of 0.87. Aptiv has a 12-month low of $47.78 and a 12-month high of $85.56. The company has a market capitalization of $12.48 billion, a price-to-earnings ratio of 7.91, a PEG ratio of 0.62 and a beta of 1.64. The firm’s 50-day moving average price is $62.43 and its two-hundred day moving average price is $62.05.

Aptiv (NYSE:APTV) last announced its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. On average, analysts forecast that Aptiv will post 7.2 earnings per share for the current fiscal year.

Insider Buying and Selling at Aptiv

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of Aptiv stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $65.50, for a total transaction of $954,204.00. Following the completion of the transaction, the senior vice president now owns 125,237 shares in the company, valued at approximately $8,203,023.50. The trade was a 10.42 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.45% of the company’s stock.

Institutional Investors Weigh In On Aptiv

Institutional investors have recently bought and sold shares of the stock. Picton Mahoney Asset Management bought a new stake in shares of Aptiv in the 4th quarter worth $37,000. Versant Capital Management Inc grew its position in Aptiv by 201.7% in the 1st quarter. Versant Capital Management Inc now owns 703 shares of the auto parts company’s stock worth $42,000 after purchasing an additional 470 shares in the last quarter. CENTRAL TRUST Co increased its stake in Aptiv by 356.3% in the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock valued at $52,000 after buying an additional 677 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Aptiv by 164.7% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,363 shares of the auto parts company’s stock worth $81,000 after buying an additional 848 shares during the last quarter. Finally, GeoWealth Management LLC grew its holdings in shares of Aptiv by 203.2% in the fourth quarter. GeoWealth Management LLC now owns 1,525 shares of the auto parts company’s stock valued at $92,000 after acquiring an additional 1,022 shares in the last quarter. Institutional investors own 94.21% of the company’s stock.

Aptiv Company Profile

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.